General Atlantic targets growing Asia investor base

The US growth capital firm expands its presence in Asia with a new office in Singapore, at a time when Asian investors are expected to begin paying more attention to private equity opportunities in their local markets

By

Jennifer Bollen

January 25, 2012 3:39 p.m. GMT

US growth capital firm General Atlantic has expanded its presence in Asia with a new office in Singapore, at a time when Asian investors are expected to begin paying more attention to private equity opportunities in their local markets.

General Atlantic, which invests about $2bn annually, said in a statement today that it has appointed managing director Abhay Havaldar to lead the office and has relocated vice president Nick-Nash from New York to Singapore.